That brought a strong response by Gibbs in a press briefing later in the day.

At first Gibbs seemed like he might not engage Cramer.

“This is where I,” he chuckled, “have to probably be careful.”

But then he hit back.

“Without understanding the basis of what Mr. Cramer said, I’m not entirely sure what’s he’s pointing to to make some of the statements that he’s made,” Gibbs said. “You can go back and look at any number of statements that he’s made in the past about the economy and wonder where some of the back up for those are too.”

Gibbs went on to say that the president’s plan was to fix the economy. It wasn’t always the case anymore, he said, that “if it was good for Wall Street it was good for Main Street.”

When lobbed a follow-up on the topic, Gibbs acknowledged that he might "get in trouble" if he continued the spat.

But he couldn’t resist.

“If you turn on a certain program, it’s geared to a very small audience," Gibbs said. "No offense to my good friends, er, good friend at CNBC. But the president has to look out for the broader economy and for the broader population, many of whom are investors, but not exclusively.”